TELUS (TSE:T – Get Free Report) (NYSE:TU) was downgraded by equities research analysts at Desjardins from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Canadian Imperial Bank of Commerce lowered TELUS from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Finally, Barclays decreased their target price on TELUS from C$19.00 to C$17.00 in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of C$18.68.